September 23, 2013 9:31 am
Updated: September 23, 2013 10:05 am

Southern Alberta flood most expensive natural disaster in Canadian history: IBC

Members of the RCMP return from a boat patrol of a still flooded neighborhood in High River, Alta., July 4, 2013. The Alberta government is offering homeowners living in floodways a chance to get out.Even if their houses weren't damaged in June's floods. THE CANADIAN PRESS/Jeff McIntosh


Edmonton – The Insurance Bureau of Canada says the June flood in southern Alberta is the costliest natural disaster in Canadian history.

The bureau says the latest estimate of the insured property damage now exceeds one-point-seven billion dollars.

I-B-C spokesman Bill Adams says in a release the number is staggering and is expected to go even higher.

Torrential rain over a period of five days prompted states of emergency in Calgary and a number of other communities.

Four people died and at least 100-thousand people were forced from their homes.

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